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[quote=Anonymous][quote=Anonymous][quote=Anonymous]1. You do not need to hire anyone. 2. Just pay off whatever debt and then put the money in a total market index (like the VTSAX mentioned above). 3. Sleep well. 4. Profit.[/quote] Ugh. No, do NOT put all your money in a total market index. You need some money in cash and some money in bonds, and then yes investments. That’s literally finance 101. 5-10% cash, 10-20% bonds (I’d don’t know how old you are, but this is appropriate for middle age). As you get older you want less exposure to the market. But the big take away is you need financial advice since you are crowd sourcing DCUM and also indicate you have no financial discipline.[/quote] When you need cash, sell the VTSAX. Bonds - eh, not what they used to be. [/quote]
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